Two neighbours,Molly and Sandy,are separated by a white picket fence.Each neighbour has a garden that grows tomatoes and peppers.To gain from trade,_____ can trade _____ to _____ for _____ if _____ is the more efficient grower of peppers.
A) Molly;peppers;Sandy;peppers;Molly
B) Sandy;tomatoes;Molly;peppers;Sandy
C) Sandy;peppers;Molly;tomatoes;Molly
D) Molly;peppers;Sandy;tomatoes;Molly
Correct Answer:
Verified
Q104: If equilibrium exists:
A)all individuals must have an
Q106: An economy is efficient if it is:
A)possible
Q108: If every individual were required to be
Q111: Specialization and trade should NOT lead to:
A)individuals
Q114: Which statement is CORRECT?
A)Resource scarcity is not
Q118: A dozen friends got together to celebrate
Q119: The phrase gains from trade refers to
Q122: Economists define an efficient use of resources
Q133: Resources are being used efficiently when:
A)scarcity is
Q139: If an economy has NOT achieved efficiency,there
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents